FOR SALE
From $715k

| Springwood Street
Mount Gravatt East QLD 4122

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 103m2
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INVESTOR ONLY: Exclusive Modern Boutique Apartments in Springwood – Fully Tenanted & Prime Location! 2 beds from $715K

INVESTOR ONLY: Contemporary Boutique Apartments in Prime Springwood Location!
Unlock the potential of a premier investment with this stylish boutique block of 9 apartments on Springwood Street, Mount Gravatt East. Built just 6 years ago, this contemporary building is a shining example of modern design and high-quality living.
This boutique block is not just an investment; it’s an opportunity to own a piece of modern real estate in one of Mount Gravatt East’s most desirable areas. With its blend of elegance, prime location, and solid rental income, this property promises to be a valuable addition to any investment portfolio.
PROPERTY HIGHLIGHTS:
• Fully Tenanted: Enjoy immediate cash flow with all units currently leased to reliable tenants.
• High Return Potential: Benefit from attractive returns at 4% plus GST per sale, maximizing your investment yield.
• Modern Elegance: Experience a seamless blend of sophistication and functionality, ideal for today’s discerning tenants.
Prime Location Benefits:
• Urban Convenience: Stroll to nearby cafes, restaurants, and local stores for effortless living. Westfield Garden City is just minutes away, offering premier shopping and dining experiences.
• Lifestyle Hub: The property’s strategic location provides easy access to the best of Mount Gravatt East, combining urban convenience with a vibrant community atmosphere.
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Property Details for | Springwood St, Mount Gravatt East

| Springwood St, Mount Gravatt East is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 103m2. The place is currently for sale with @realty.

Building Type
Apartment
Land Size
103m2

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About Mount Gravatt East 4122

The size of Mount Gravatt East is approximately 4.6 square kilometres. It has 14 parks covering nearly 5.9% of total area. The population of Mount Gravatt East in 2011 was 10,891 people. By 2016 the population was 11,845 showing a population growth of 8.8% in the area during that time. The predominant age group in Mount Gravatt East is 30-39 years. Households in Mount Gravatt East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Gravatt East work in a professional occupation. In 2011, 61.3% of the homes in Mount Gravatt East were owner-occupied compared with 60.3% in 2016.

Mount Gravatt East has 5,430 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 69.53% increase in median value, while Units have seen a 77.17% increase. As at 31 October 2024:

  • The median value for Houses in Mount Gravatt East is $1,093,486 while the median value for Units is $714,838.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 35 properties listed for sale, and 9 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Mount gravatt east.

Suburb Insights for Mount Gravatt East 4122

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Contact agent
Susana Tuya
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Developments Direct Team
@realty
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.